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2007-02-19 News Release
Medical coatings applications
investment
DSM and Harland Medical Systems to collaborate on emerging biomedical
developmental solutions in medical coatings, devices and automation systems.
DSM Venturing, the corporate venturing unit of Royal DSM N.V., announceds
it has made an equity investment in Harland Medical Systems, Inc., an
emerging US company that is marketing technologies and solutions in medical
coating applications. This is DSM's third investment in a biomedical company
in the last twelve months, broadening DSM's window on developments in
this area even further.
Find Information and Suppliers of medical
coatings applications.
Harland Medical Systems, Inc. is a privately held company headquartered
in Eden Prairie, Minnesota USA. The company was founded in late 2002.
Harland's current team includes a great blend of experience in automation
system design, medical device manufacturing and surface modification applications.
This combination provides Harland with a unique position to serve its
medical coating customers. Harland's vision is to continue developing
and leveraging its process knowledge of coating applications in order
to provide value-added services to its customers as they move their projects
from the lab into production.
Leveraging its expertise in the development of advanced coating automation
systems and testing instruments for coated devices, Harland
Medical Systems
has established an integrated coating services division for customers
who wish to outsource their medical device coating development and production
activities. Jon Anderson, CEO of Harland: "Our customers see huge
value potential in Harland coating application services, as this high-value
added activity helps these medical device customers accelerate their time
to market and frees them to concentrate resources on their core activities."
DSM and Harland Medical Systems will cooperate on customer-driven programs
using DSM's proprietary hydrophilic coating technology and Harland's automated
coating equipment and coating application services.
Following investments in MicroMuscle (electro-active polymers) and Oxford
Performance Materials (biomaterials), the investment in Harland further
underlines DSM's innovation ambitions in the emerging business area (EBA)
Biomedical, which is an important element of DSM's strategy Vision 2010
- Building on Strengths. Steve Hartig, Vice President DSM Biomedical:
"Our cooperation with Harland is a valuable next step in realizing
our ambitions to become a leading player in the biomedical field. I am
pleased that - through our venturing department - we have managed to form
alliances with various start-up companies. These cooperations will be
crucial in shaping the biomedical innovations of the future."
Find information about DSM
Venturing.
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